Czech companies dominate the ranking of top-50 rising tech stars in Central Europe
In the new Deloitte Technology Fast 50 Central Europe 2020, 21 Czech companies made the list of top 50 fastest growing public or private technology companies in the region. Czech companies DoDo and UlovDomov.cz were 2nd and 3rd in the ranking. Overall, three Czech companies made it to the top 10 and the rest were further down in the ranking.
Czech Republic dominated the ranking with 21 entries in the report. There were 15 companies from Poland, five from Croatia and three from Bulgaria. Among the 50 companies, 42 of them were new to the annual ranking which demonstrates how young and energetic the fastest-growing and most innovative companies in Central Europe are.
Second place in the ranking went to DoDo, a Czech company which is currently the technological leader with its data-driven solution and agile processes. DoDo uses the power of artificial intelligence in for making the Last Mile easy and simplifies the life of customers and companies, was 2nd in the ranking. Third place in the ranking was awarded to the Czech UlovDomov.cz, an online marketplace for apartment rentals, which aggregates listings on an intuitive map-based interface.
The Technology Fast 50 award winners for 2020 are determined based on the revenue growth over four years (2016 to 2019). Companies must have base-year operating revenues of €50,000 in 2016, 2017, 2018 and a current year operating revenue (2019) of at least €100,000. Financial data of the companies are provided by the entrants themselves and are gathered via our online survey tool. This information is then cross-checked using each company’s financial statements which have been verified by their accountants or a registered auditor.
Sources: Technology Fast 50 Central Europe (deloitte.com)
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